Hsbc Holdings Plc Lifted Its Axis Capital Holdings LTD (AXS) Holding; Constellium NV (CSTM) Shorts Increased By 43.17%

January 14, 2018 - By Peter Erickson

Hsbc Holdings Plc increased Axis Capital Holdings Ltd (AXS) stake by 64.43% reported in 2017Q3 SEC filing. Hsbc Holdings Plc acquired 176,673 shares as Axis Capital Holdings Ltd (AXS)’s stock declined 7.58%. The Hsbc Holdings Plc holds 450,885 shares with $25.84 million value, up from 274,212 last quarter. Axis Capital Holdings Ltd now has $4.08B valuation. The stock decreased 0.04% or $0.02 during the last trading session, reaching $49.11. About 968,856 shares traded or 17.77% up from the average. AXIS Capital Holdings Limited (NYSE:AXS) has risen 17.55% since January 14, 2017 and is uptrending. It has outperformed by 0.85% the S&P500.

Constellium NV (NYSE:CSTM) had an increase of 43.17% in short interest. CSTM’s SI was 541,900 shares in January as released by FINRA. Its up 43.17% from 378,500 shares previously. With 1.14M avg volume, 1 days are for Constellium NV (NYSE:CSTM)’s short sellers to cover CSTM’s short positions. The SI to Constellium NV’s float is 0.63%. The stock decreased 0.40% or $0.05 during the last trading session, reaching $12.35. About 1.16 million shares traded. Constellium N.V (NYSE:CSTM) has risen 20.46% since January 14, 2017 and is uptrending. It has outperformed by 3.76% the S&P500.

Among 13 analysts covering Axis Capital Holdings Limited (NYSE:AXS), 3 have Buy rating, 2 Sell and 8 Hold. Therefore 23% are positive. Axis Capital Holdings Limited had 36 analyst reports since July 30, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, October 12 report. The rating was downgraded by Macquarie Research to “Neutral” on Friday, December 2. UBS downgraded it to “Sell” rating and $61 target in Monday, January 9 report. The firm has “Hold” rating given on Wednesday, July 5 by Keefe Bruyette & Woods. The stock of AXIS Capital Holdings Limited (NYSE:AXS) earned “Underperform” rating by Macquarie Research on Tuesday, January 17. Keefe Bruyette & Woods maintained AXIS Capital Holdings Limited (NYSE:AXS) rating on Friday, October 27. Keefe Bruyette & Woods has “Hold” rating and $60.0 target. On Monday, September 11 the stock rating was initiated by Buckingham Research with “Hold”. As per Tuesday, February 16, the company rating was downgraded by UBS. Citigroup maintained AXIS Capital Holdings Limited (NYSE:AXS) on Thursday, July 13 with “Sell” rating. The rating was downgraded by JMP Securities to “Mkt Perform” on Tuesday, January 19.

Hsbc Holdings Plc decreased Lowes Cos Inc (Call) (NYSE:LOW) stake by 1.23 million shares to 17,800 valued at $1.42M in 2017Q3. It also reduced Abbott Labs (Call) (NYSE:ABT) stake by 46,700 shares and now owns 43,800 shares. Hubspot Inc (NYSE:HUBS) was reduced too.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.31, from 0.85 in 2017Q2. It improved, as 29 investors sold AXS shares while 84 reduced holdings. 39 funds opened positions while 92 raised stakes. 70.70 million shares or 0.72% more from 70.20 million shares in 2017Q2 were reported. Credit Agricole S A holds 0.07% or 381,605 shares. 20,304 were accumulated by Amg Funds Ltd Liability Corp. Us Natl Bank De holds 0% or 293 shares. Kentucky-based River Road Asset Mngmt Limited Liability Corporation has invested 0.83% in AXIS Capital Holdings Limited (NYSE:AXS). Price T Rowe Assoc Md owns 80,877 shares or 0% of their US portfolio. Goldman Sachs Group Inc Inc invested in 0.01% or 712,667 shares. Panagora Asset Management Incorporated reported 5,618 shares. 23 are owned by Northwestern Mutual Wealth Mngmt. Neuberger Berman Grp Limited Liability Co has invested 0% in AXIS Capital Holdings Limited (NYSE:AXS). Cantab Ptnrs Llp accumulated 4,789 shares or 0.04% of the stock. Arrowstreet Capital Ltd Partnership holds 0.01% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS) for 67,200 shares. State Bank Of America Corp De reported 255,193 shares stake. Brandywine Glob Investment Mgmt Ltd Limited Liability Company accumulated 300,731 shares or 0.11% of the stock. Tarbox Family Office Inc accumulated 0% or 36 shares. Oppenheimer & invested in 0.04% or 23,586 shares.

Among 12 analysts covering Constellium NV (NYSE:CSTM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Constellium NV had 20 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Overweight” rating by JP Morgan on Wednesday, March 16. The firm has “Hold” rating by Cowen & Co given on Thursday, July 27. Societe Generale downgraded Constellium N.V (NYSE:CSTM) on Friday, May 20 to “Hold” rating. The rating was initiated by Cowen & Co on Monday, September 21 with “Market Perform”. As per Monday, October 5, the company rating was maintained by Deutsche Bank. BMO Capital Markets maintained the shares of CSTM in report on Friday, July 28 with “Market Perform” rating. The stock of Constellium N.V (NYSE:CSTM) earned “Overweight” rating by Morgan Stanley on Thursday, November 16. Cowen & Co upgraded the shares of CSTM in report on Monday, November 27 to “Outperform” rating. On Friday, September 9 the stock rating was initiated by Seaport Global with “Neutral”. Seaport Global downgraded the stock to “Hold” rating in Friday, July 28 report.

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